Target hit with class-action lawsuit claiming it misled investors over DEI policies
Target’s stock price plummeted 22% on Nov. 20, 2024, destroying nearly $16 billion in market cap in a single day after the ...
Target’s DEI drama just got messier — and now investors want their money back
A new lawsuit claims Target misled shareholders about the financial risks of its diversity and inclusion initiatives, and now ...
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Target Hit with Class Action Lawsuit Over DEI Policies and Stock Decline
By Stacy M. Brown NNPA Newswire Senior National Correspondent @StacyBrownMedia Target Corporation, along with CEO Brian Cornell and its current and former board members, is facing a class action ...
Target hit with class action lawsuit
The class action lawsuit alleges Target leadership misled investors about the financial impact of boycotts in 2023.
Target sued for defrauding shareholders about DEI
Target has been sued for allegedly concealing the risks of its diversity initiatives, leading to a backlash that caused the ...
Target faces lawsuit over allegedly defrauding investors regarding DEI practices
Target faces a lawsuit from investors after the company allegedly failed to disclose risks and backlash related to "political ...
Should You Boycott Target Over DEI Cuts? Internet Divided
"There is a big difference between taking a stand through a keyboard threatening a boycott and taking stand through a wallet and actually engaging in a boycott." ...
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Target’s DEI rollback raises questions about the retail giant’s philanthropic commitments
Twin Cities Pride Executive Director Andi Otto said he learned about the changes when he contacted Target about re-upping its ...
Target cuts controversial policies amid weak sales
In its fiscal third-quarter earnings report, released in November, Target revealed that its comparable sales (sales at stores ...
Target will have no presence at Twin Cities Pride festival or parade, organizers declare
Twin Cities Pride officials have reacted to Target’s recent pull-back on its diversity programs, announcing that the ...
Twin Cities Pride to exclude Target from its parade after retailer rolls back DEI programs
Twin Cities Pride, a Minnesota-based LGBTQ+ organization, is excluding Target from its annual parade after the retailer ...
Target Is Sued for Defrauding Shareholders About DEI
The lawsuit in the Fort Myers, Florida federal court seeks damages for Target shareholders from Aug. 26, 2022 to Nov. 19, ...